Netflix to buy Warner Bros. and HBO
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Shares of Warner Bros. Discovery Inc. rallied in early trading Monday, after the media and entertainment company confirmed that it was splitting into two publicly traded companies in an effort to sharpen the focus of each business. The announcement comes ...
Over the years, Warner Bros. has tried to monetize its catalog of older movies through different subscription streaming services, including FilmStruck — which it shut down less than a year after it launched in 2018. Now, Warner Bros. Entertainment has ...
Warner Bros. Discovery chief executive and president David Zaslav yielded to the reality of the digital age and to the skepticism of Wall Street investors on Monday by announcing he would split the company into two: one focusing on streaming, the other on ...
Warner Bros. Discovery, the owner of HBO, CNN and other streaming and studio businesses, said Tuesday it is putting itself up for sale. In a press release, the company announced "a review of strategic alternatives to maximize shareholder value," which is ...